• Latest
  • Trending

FIRS,JTB Morph as NRS,JRB Launch Mandatory Unified Tax ID for Nigerians

May 18, 2026

Anambra Pastor Arrested Over Alleged Theft of 75 Wives and Wife-Swapping Ring

June 14, 2026

PAAU Murder: Two Students Arrested Over Killing of 300-Level Biochemistry Undergraduate

June 13, 2026

Amorim in Pole Position for AC Milan Job as Ibrahimović Backs Former Man Utd Boss

June 13, 2026

Paramilitary Recruitment: FG Shortlists Candidates for Physical Screening, Warns Against Job Scams

June 13, 2026

​Nonye Soludo, Fidelity Bank Empower 2,000 Anambra Women, Children

June 13, 2026

Terror in Chibok: Boko Haram/ISWAP Invade Community, Set Two Schools Ablaze

June 13, 2026

Adichie Accuses Lagos Hospital of Cover-Up Over Son’s Tragic Death

June 13, 2026

World Cup Heist: England’s Gear Stolen in US Shock Breach

June 13, 2026

​Ogun Public Education Boosted as Government Absorbs Over 300 OgunTEACh Interns Permanently

June 13, 2026

​Fear in Belfast: Striking Nurse Speaks Out After Xenophobic Attack Spelled by Riots

June 13, 2026

FROM ABUJA TO THE WORLD CUP: The Meteoric Rise of Tani Oluwaseyi

June 13, 2026

Badenoch Points to Nigerian Energy Failures as a Warning for Britain’s Future

June 13, 2026

It’s Over: Zari Hassan, Shakib Cham Separate After Five Years

June 13, 2026

Thailand Mourns as Princess Pa Dies at 47 After Four-Year Coma

June 13, 2026

Judge Overturn Jail Term For Youth in Relationship With 14-Year-Old Minor

June 13, 2026

Insecurity: Kogi Imposes Statewide Night Travel Ban, Restricts Fuel Sales After Deadly School Attack

June 13, 2026

The Apex of the ‘Muskonomy’: Elon Musk Becomes History’s First Trillionaire

June 13, 2026

DA Alleges Massive Fraud in Historic $4B LA County Abuse Settlement

June 13, 2026

​Zuckerberg Concedes ‘Mistakes’ in Meta’s Aggressive AI Workforce Upheaval

June 13, 2026

UK Cop Investigated for Using AI to Forge Evidence

June 13, 2026

Police Launch Massive Crackdown on Unregistered and Plate-Covering Vehicles in Ogun

June 13, 2026

2027: Ogun APC Zones Deputy Gov Slot to Ogun East as Kudirat Adegunwa-Balogun Emerges Frontrunner

June 13, 2026

​World Cup Blow: Canada Bars Ghana Star Thomas Partey Over Rape Allegations

June 13, 2026

The Folarin Balogun Story: The Transatlantic Star Who Ignited America’s World Cup Dream

June 13, 2026

AT 91, UNCLE SAM REMAINS A MASTERPIECE IN MOTION

June 13, 2026

Police Arrest Controversial Cleric Jamiu Adegunwa Over Defamation

June 12, 2026

​Curtains Fall for the King: Legendary Actor and Academic Kola Oyewo Dies at 80

June 12, 2026

World Mourns Pop Art Pioneer David Hockney

June 12, 2026

No Peace, No Food: Alaafin Warns FG over Rural Insecurity

June 12, 2026

June 12: Ooni Demands Total War on Insecurity, Urges National Unity

June 12, 2026
ADVERTISEMENT
  • Home
  • BREAKING NEWS
  • Tech
  • Entertainment
  • Lifestyle
  • Education
    • Sports
  • CONSULTATION
  • Shop
ValidView Network - Breaking News, Nigerian News, Nigerian newspapers, Entertainment, Videos, Sports, Business and Politics.
ADVERTISEMENT
  • Home
  • BREAKING NEWS
  • Tech
    • All
    • Apps
    • Mobile

    Insecurity: Kogi Imposes Statewide Night Travel Ban, Restricts Fuel Sales After Deadly School Attack

    ​Zuckerberg Concedes ‘Mistakes’ in Meta’s Aggressive AI Workforce Upheaval

    Australian Court Fines Elon Musk’s X Over Child Safety Failures

    Meta Cuts 8,000 Jobs in Massive Pivot to AI

    The End of the Password? UK Cyber Chiefs Urge Shift to ‘Unbreakable’ Passkeys

    Tinubu Hails Lebara’s Entry as “Vote of Confidence” in Nigeria’s Digital Economy

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • CELEBRATIONS
    • Gaming
    • History and Culture
    • Movie
    • Music
    • Sports

    Amorim in Pole Position for AC Milan Job as Ibrahimović Backs Former Man Utd Boss

    World Cup Heist: England’s Gear Stolen in US Shock Breach

    FROM ABUJA TO THE WORLD CUP: The Meteoric Rise of Tani Oluwaseyi

    It’s Over: Zari Hassan, Shakib Cham Separate After Five Years

    ​World Cup Blow: Canada Bars Ghana Star Thomas Partey Over Rape Allegations

    The Folarin Balogun Story: The Transatlantic Star Who Ignited America’s World Cup Dream

  • Lifestyle
    • All
    • Health

    Security Breach Sparks 3-Day Warning Strike by FMC Abeokuta Resident Doctors

    Gov Abiodun Reappoints Dr. Oluwabunmi Fatungase as OOUTH CMD

    Doctors Shut Down Ondo Hospital Over Assault on Colleague

    NAFDAC Shuts 16 Rivers Water Factories

    FG Weighs Flight Restrictions Over Ebola Threat

    Ebola Outbreak Enters Rebel-Controlled South Kivu in Eastern Congo

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Education
    • Sports
  • CONSULTATION
  • Shop
No Result
View All Result
  • Home
  • BREAKING NEWS
  • Tech
    • All
    • Apps
    • Mobile

    Insecurity: Kogi Imposes Statewide Night Travel Ban, Restricts Fuel Sales After Deadly School Attack

    ​Zuckerberg Concedes ‘Mistakes’ in Meta’s Aggressive AI Workforce Upheaval

    Australian Court Fines Elon Musk’s X Over Child Safety Failures

    Meta Cuts 8,000 Jobs in Massive Pivot to AI

    The End of the Password? UK Cyber Chiefs Urge Shift to ‘Unbreakable’ Passkeys

    Tinubu Hails Lebara’s Entry as “Vote of Confidence” in Nigeria’s Digital Economy

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • CELEBRATIONS
    • Gaming
    • History and Culture
    • Movie
    • Music
    • Sports

    Amorim in Pole Position for AC Milan Job as Ibrahimović Backs Former Man Utd Boss

    World Cup Heist: England’s Gear Stolen in US Shock Breach

    FROM ABUJA TO THE WORLD CUP: The Meteoric Rise of Tani Oluwaseyi

    It’s Over: Zari Hassan, Shakib Cham Separate After Five Years

    ​World Cup Blow: Canada Bars Ghana Star Thomas Partey Over Rape Allegations

    The Folarin Balogun Story: The Transatlantic Star Who Ignited America’s World Cup Dream

  • Lifestyle
    • All
    • Health

    Security Breach Sparks 3-Day Warning Strike by FMC Abeokuta Resident Doctors

    Gov Abiodun Reappoints Dr. Oluwabunmi Fatungase as OOUTH CMD

    Doctors Shut Down Ondo Hospital Over Assault on Colleague

    NAFDAC Shuts 16 Rivers Water Factories

    FG Weighs Flight Restrictions Over Ebola Threat

    Ebola Outbreak Enters Rebel-Controlled South Kivu in Eastern Congo

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Education
    • Sports
  • CONSULTATION
  • Shop
No Result
View All Result
ValidView Network - Breaking News, Nigerian News, Nigerian newspapers, Entertainment, Videos, Sports, Business and Politics.
No Result
View All Result

FIRS,JTB Morph as NRS,JRB Launch Mandatory Unified Tax ID for Nigerians

ValidViewNetwork by ValidViewNetwork
May 18, 2026
in News
0 0
0
Home News
ADVERTISEMENT
523
SHARES
545
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT
Spread the love

ABEOKUTA — In a decisive push toward a fully digital fiscal ecosystem, the Nigeria Revenue Service (NRS) has joined forces with the Joint Revenue Board (JRB) to implement a unified Taxpayer Identification (Tax ID) system, making it mandatory for all taxable individuals and corporate entities across the country.

​The policy shift is backed by Sections 6, 7, and 8 of the Nigeria Tax Administration Act (NTAA) 2025. It cements the structural transition activated on January 1, 2026, which saw the Federal Inland Revenue Service (FIRS) restyled as the NRS, and the Joint Tax Board (JTB) reconstituted as the JRB.

​According to a public directive issued by the revenue authorities on Monday, the newly introduced 13-digit Tax ID replaces the fragmented Tax Identification Number (TIN) framework. The initiative consolidates tax administration across federal, state, and local government tiers to eliminate duplicate profiles, block revenue leakages, and simplify compliance routines.

ADVERTISEMENT

​Seamless Linkage to NIN and CAC

​Crucially, the authorities emphasized that the new architecture relies on existing foundational identity databases, meaning most citizens will not need to undergo fresh biometric registration.

Advertisement. Scroll to continue reading.
  • ​For Individuals: The National Identification Number (NIN) forms the structural basis of the Tax ID. Individual taxpayers can seamlessly fetch their numbers via a dedicated online portal or by using the USSD code *346# via their NIMC-registered mobile lines.
  • ​For Corporate Entities: Registered companies, partnerships, and business names will have their Tax IDs structurally anchored to their Corporate Affairs Commission (CAC) registration details.

​Executive Secretary of the JRB, Olusegun Adesokan, dismissed speculation that the harmonized database would trigger arbitrary bank deductions or automated asset seizures. He maintained that the system was engineered to facilitate economic growth and provide a smoother interface for businesses interacting with financial institutions, employers, and regulatory bodies.

​While the Tax ID remains a mandatory prerequisite for critical financial transactions, opening corporate bank accounts, and securing government contracts, officials confirmed that immediate compliance enforcement focuses on administrative corrections rather than disruptive transaction blocks. Under Section 100 of the NTAA 2025, individuals or entities failing to align with the registry risk a baseline administrative penalty of ₦50,000 in the first month of default, followed by a monthly rolling fine of ₦25,000 for prolonged non-compliance. Exemptions continue to apply to non-earning demographics, including students and dependents.

ADVERTISEMENT

​API Migration for Banks and MDAs

​With the immediate decommissioning of the legacy TIN Validation API, the NRS has issued a transitional timeline for external institutions. Ministries, Departments, and Agencies (MDAs), commercial banks, and fintech firms that rely on corporate or individual identity validation must update their integration protocols.

Do you want to share a story with us?
Do you want to advertise with us?
Do you need publicity for a product, service, or event?
Contact us on WhatsApp +2348033617468, +234 816 612 1513, +234 703 010 7174
or Email: validviewnetwork@gmail.com
CLICK TO JOIN OUR WHATSAPP GROUP
ADVERTISEMENT

​Organisations handling identity verification for individuals, small enterprises, and business names have been directed to interface with the Standardisation and Modernisation Department of the JRB for fresh API access keys. Conversely, institutions validating corporate entities and large conglomerates must coordinate their system migration through the Tax Automation Department of the NRS.

Previous Post

2027 Presidency: PDP Faction Screens Jonathan as Sole Candidate Tuesday

Next Post

Four Dead in Turkey Restaurant Shooting

ValidViewNetwork

ValidViewNetwork

Next Post

Four Dead in Turkey Restaurant Shooting

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the latest news from ValidViewNetwork
Loading

SPONSORED ADVERT

SPONSORED ADVERT

As the Lord liveth, you are feeling bushing this 6th month better and stronger than the way you started it in Jesus Mighty Name. Our angels of good news shall locate us this month. Shalom!

  • Home
  • BREAKING NEWS
  • Tech
  • Entertainment
  • Lifestyle
  • Education
  • CONSULTATION
  • Shop

© 2022 ValidViewNetwork - Website Developed by HaybeeMultimedia.

No Result
View All Result

© 2022 ValidViewNetwork - Website Developed by HaybeeMultimedia.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist